Tag Archives: Solar

National Grid connects UK’s largest battery at Tilbury substation, powering up to 680,000 homes

(IN BRIEF) National Grid has connected the UK’s largest battery storage system, the 300MW Thurrock Storage project developed by Statera Energy, to its transmission network at Tilbury substation in Essex. With 600MWh of capacity, the facility can power up to … Read the full press release

Iberdrola Unloads 2.6 GW of Mexican Generation to Finance €55 Billion Network Expansion

(IN BRIEF) Iberdrola will sell 2.6 GW of power generation assets in Mexico—comprising 15 plants and development projects—at US $1.6 million per MW, with up to US $4.2 billion in contingent payments tied to future project completions. The transaction, together … Read the full press release

Matt Baker Joins National Grid Engineers to Upgrade Aberthaw Pylons in New More4 Series

(IN BRIEF) In the final episode of Matt Baker’s British Isles airing on 24 June, Matt Baker experiences the work of South Wales overhead line engineers as they upgrade transmission pylons near Aberthaw substation. After safety training and a practice … Read the full press release

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release

Endesa and Verbund Green Power Iberia Forge Long-Term Renewable Energy Pact to Boost Decarbonization

(IN BRIEF) Endesa has signed a long-term Power Purchase Agreement with Verbund Green Power Iberia, the Spanish subsidiary of Verbund, to receive renewable energy from a wind farm in Huelva that has been operational since 2023. This agreement is a … Read the full press release

TotalEnergies Bolsters Global Renewable Portfolio with Key Acquisitions in Europe, Africa, and Canada

(IN BRIEF) TotalEnergies has completed a series of strategic acquisitions and agreements to expand its renewable energy portfolio across Europe, Africa, and Canada. In Europe, the acquisition of VSB Group—an established developer in wind and solar energy—strengthens its integrated electricity … Read the full press release

EIB Funds Prologis’ Push for Renewable Energy with €225 Million Loan for Solar and Storage Systems

(IN BRIEF) Prologis, a global leader in logistics real estate, has secured a €225 million framework loan from the European Investment Bank (EIB) to install rooftop solar panels and battery storage systems at its facilities across Western and Central Europe. … Read the full press release

Lightsource bp Strengthens German Solar Ambitions with Strategic Partnership

(IN BRIEF) Lightsource bp has partnered with German renewable energy developer Kajoni Energie GmbH to accelerate its growth in Germany by developing over 500MWp of solar projects within the next two to three years. This collaboration will focus on identifying … Read the full press release

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release

Lightsource bp to Scale Up with Full Ownership by bp

(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release

Timi Platform: Sarawak Shell Begins Gas Production with Hybrid Power System

(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release

Lightsource bp Renovates Schools in Brazil, Paving the Way for Solar and Digital Learning

(IN BRIEF) Lightsource bp’s team members traveled to Ceará, Brazil, to assist in the refurbishment of three schools near the Complexo Solar Milagres. The renovation efforts included painting, tile replacement, ceiling plaster lining, electrical and hydraulic maintenance, and furniture refurbishment … Read the full press release

Lightsource bp Bolsters APAC Leadership Team with Key Hires, Strengthening Its Global Solar Presence

(IN BRIEF) Lightsource bp, a global solar leader, has welcomed two key new hires to its senior management team in the APAC region. Bin Fu has been appointed as the Regional Head for Taiwan, bringing 13 years of experience in … Read the full press release

RWE Takes Solar Business to New Heights in Spain, Launches Puerta del Sol Farm

(IN BRIEF) RWE is expanding its solar business in Spain with the commissioning of the Puerta del Sol solar farm, following the earlier launch of Casa Valdes. Puerta del Sol, located near Madrid, has a capacity of 44 MWac and … Read the full press release

Iberdrola Mexico and Mexico Infrastructure Partners Agree on Asset Acquisition for $6 Billion

(IN BRIEF) Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have signed an agreement where MIP’s trust will acquire 55% of Iberdrola’s gross operating profit (EBITDA) in Mexico, including associated contracts and over 410 jobs. The agreement allows Iberdrola to focus … Read the full press release

RWE Advances Growing Green Ambitions: Expands Renewable Energy Holdings and Achieves Strong Q1 Performance

(IN BRIEF) RWE, the European energy company, is rapidly implementing its Growing Green strategy with substantial investments in the first quarter of 2023. The company added 4.9 GW to its green portfolio, spending €8.0 billion on acquisitions, including the Con … Read the full press release

EBRD provides €29m loan to develop Albania’s first major solar photovoltaic plant

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €29 million loan to a special-purpose vehicle owned by France’s Voltalia to develop the 140 MW Karavasta solar plant in Albania. The project marks Albania’s first major … Read the full press release

TotalEnergies Acquires Polska Grupa Biogazowa and 200 MW Solar Project Pipeline in Poland

(IN BRIEF) TotalEnergies, an energy company, is expanding its renewable activities in Poland by acquiring Polska Grupa Biogazowa (PGB), the country’s main biogas producer, and a 200-megawatt (MW) development pipeline of solar projects. With 17 facilities in production and one … Read the full press release

Enel Green Power establece el ambicioso objetivo de alcanzar los 75 GW de energías renovables para 2025

(NOTICIA EN BREVE) Enel Green Power (EGP) estableció un nuevo récord en 2022 al construir 5223 MW de nueva capacidad renovable, incluidos 387 MW de sistemas de almacenamiento de energía en baterías. La nueva capacidad incluye más de 80 plantas, … Read the full press release

Enel Green Power Sets Ambitious Goal to Reach 75 GW of Renewables by 2025

(IN BRIEF) Enel Green Power (EGP) set a new record in 2022 by building 5,223 MW of new renewable capacity, including 387 MW of battery energy storage systems. The new capacity includes over 80 plants, mainly solar and wind. EGP … Read the full press release